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demand there, and exports to china fell 14.5%. chinese consumers are shying away from japanese goods due to ongoing territorial dispute. >>> japanese university students are busy trying to land a job in an economy that's not proving that welcoming. the japanese firms hire them en masse before they graduate. and third-year students started their job hunting in earnest this month. before most looked for jobs at big firms, but that may be changing. nhk world's shio tanaga tells us more. >> reporter: more than 100 students crowded into this recruitment seminar in tokyo. the company publishes free magazines an has only about 400 employees. until recently small firms such as this one often struggled to attract any students to seminars at this university. nami kitajima has been looking for sales work. she says she doesn't care about the size or fame of the company. >> translator: i'm not looking at how big the firm is. the issue is whether i can gro personally through the company. >> reporter: traditionally, most students have tried to land jobs at leading firms. the belief was that those compa
there are three things. increased dividend in april. number two, china mobile, about 500 million subs, that should be a catalyst for iphone growth in the back half and lastly, much talked about anticipated is apple television. so, near term, we feel good about iphone. longer term in 2013, we think there are going to be several catalysts. combination get us comfortable. >> what factor is the 24% decline from the september peak in branding apple the top pick of 2013? i'm just wondering, you know, given the steep pull-back, you are simply seeing that upside, a meaner version report of trade in 2013. >> well, i think the reason, you know, you talked a lot about it. there's been many reasons behind it. everything from potential increase in tax treatment for capital gains to potentially people's concern about the iphone. i think that's the fundamental reason. we feel good about it based on our work. i think that concern has really driven shares lower here. ultimately, when they report the december quarter, we'll know. we think that's going to be positive for shapes. >> hey, gene, it's dan. it seems like
.s. has slapped duties on wind turbine towers on china on price its says were unfairly cheap. this comes as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of con
interest rates for a long time globally as well, and i think you also have encouraging data points in china, stabilization in europe and the u.s. at 2.7% gdp growth is a little stronger to handle this, so that's why i think you want to be buying on this. >> everybody wants to buy. so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't
forward. china means they'll will shipping more. smith said on the call, by the way, fred smith said that holiday shipments expected to be up double digits. >> john, you just hit the key. china is the key to this story. i'm not a bull on china. if you are, that's the bull's case. >> pete, who made the more compelling argument in this case? >> i said beforehand i wasn't going toeith my brother. actual actually, i am. i tend to be a bull on china. i tend to be a bull on the global economy coming back in a big way. i think fedex is going to be the beneficiary. i think the icing on the cake is exactly what john put out there, which is the express. if they actually -- if that starts to come back better, i think the sky is the limit. >> we'll close the case on this one. there may be more optimism on housing, but one of the nation's most respected voices on that topic isn't ready to sound the all clear. it's robert shiller. he joins us on the fast line. welcome back. >> my pleasure. >> there's a lot of optimism about housing. what are we missing? >> a lot of people seem to think if the mark
tomorrow. >>> the world bank in the meantime is raising its 2013 economic growth forecast for china and for developing east asia. the organization says that the region remains resilient despite the lackluster performance of the global economy. the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swis
into this year. yeah, you know what i'm talking about, china. how about that economy over there? after pausing because the government was busy whipping inflation, now, thank you, late gerald ford, now it's coming on strong. i think growth in china's accelera accelerating. the stock market might be the most undervalued in the world. the stock market entirely could be under valued. how many short sellers told you to do the opposite and sell that market? after the steam roller it's been of late, what exactly are the short sellers saying now? i don't know, i'm not hearing them clearly. i'm not listening. i'm not, no, i'm not hearing. europe and china both were supposed to slip into oblivion in 2012. that was the easiest story, everybody wrote it. turned out two fabulous places to invest. how about this housing market? most common worry, the dreaded shadow inventory. oh, the shadow inventory. >> the house of pain. >> so many banks and so many homes said the books could never recover. wasn't that the narrative? now, where are we? the shadow inventory turned out. the banks that were thought to be a t
. china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and
and china will be great destinations and that is where populations are. tracy: what about us at home? we see more money coming to us? >> we have. the u.s. is projected based on capitol confidence arometer ernst and young twice a year, the second most popular destination point for inbound foreign capital. it is happening because we are a more stable economy and have population growth, currency is cheaper and the overall strength of our sovereign sort of picture gives investors more confidence. tracy: we don't want to take a shot, the only way to grow a companies to build something buy something. we are not doing that. >> organic growth is tougher today. you do see u.s. corporate and investors investing in the emerging market so there's a lot of interest in china and india and brazil. focus on the trends, where there will be the best economics. tracy: i wish i had better news. and stan young america's vice chair, thank you. ashley: liz claman will take us through the last hour of trading. she has the ceo of cantor fitzgerald and neo city's largest pension fund, new yorkers to bail on gunstock
little contact with anyone except for his mother. >>> in china 500 people have been detained for spreading rumors that the world will end this friday. they belong to a group called almighty god. they are accused of preaching about the mayan prof if hecy that some believe the world will end this friday -- prophecy that some believe the world will end this friday. >>> and here in the bay area, a group of scientists plan to get together and debunk rumors of the doomsday. they will be at deer valley high school and plan to explain what the myian calendar is about and why friday's date does not mean the end of the world. the presentation is from 4:00 to 7:00 p.m. >>> the drakes oyster bay says it will challenge the agreement that will allow the company to plant and grow new oysters. now, the new deal was reached so some of the employees could keep their jobs through the holidays. the mobile homes those workers live in will not have to be removed immediately. drakes bay has until march 15th to remove all personal problem. >>> 8:15. a closed-door briefing in washington this morning.
Search Results 0 to 10 of about 11 (some duplicates have been removed)